The site at northwest 74th Street and 107th Avenue was initially part of a 100-acre tract acquired by Terra in 2012. Terra subdivided the land into commercial and residential uses, and completed the construction of Doral Commons in 2015. The firm’s 319-home Modern Doral single-family community is located directly next-door to the retail center.

Cushman & Wakefield’s Mark Gilbert, who represented Terra, says, “This is a case of Terra taking a forward-looking approach to acquiring a site, recognizing a void in the market, and creating value through execution and leasing.”